Yes. All self-directed accounts are protected by the Canadian Investor Protection Fund (CIPF), which covers eligible customers up to $1 million per account category in the event Norvenvault becomes insolvent. Norvenvault Reserve clients receive additional private insurance coverage of up to $10 million per client.
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Yes. All managed accounts are protected by CIPF, which covers eligible customers up to $1 million per account category in the event Norvenvault becomes insolvent. Norvenvault Reserve clients receive additional private insurance coverage of up to $10 million per client.
CIPF coverage protects the cash and securities held in your eligible accounts if Norvenvault were to become insolvent. It does not cover losses from market fluctuations or investment decisions. For full details on coverage, limitations, and exclusions, visit cipf.ca.